flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

S/L/A/M/ Collaborative grows significantly in deal with CBRE

Architects

S/L/A/M/ Collaborative grows significantly in deal with CBRE

The architectural firm acquires five of Heery’s practices and adds 70 people.


By John Caulfield, Senior Editor | March 11, 2020

S/L/A/M Collaborative added practices and markets through its acquisition of parts of Heery from CBRE. Image: S/L/A/M Collaborative

S/L/A/M Collaborative, the national architectural firm based in Glastonbury, Conn., on March 6 completed its acquisition of five Heery architectural design practices from CBRE. The terms of the purchase were not disclosed.

The practices—focused on healthcare, sports facilities, and justice—are now known as Heery Design, a SLAM Studio. CBRE had owned Heery International, a project management and design engineering firm based in Atlanta, since October 2017 when it acquired the business for $57 million from Balfour Beatty. After the deal with S/L/A/M, CBRE retains full ownership of Heery’s interior design and engineering businesses that are integral to its project management services.

About 70 of Heery’s employees are coming over in this deal, joining 210 S/L/A/M professionals. Heery’s healthcare practice is located in Denver, Iowa City, Iowa, and Philadelphia. Its justice practice is in Orlando, Fla. And its sports design practice is in Atlanta. Heery Design offices associated with these practices are also part of this acquisition, along with the firm’s architectural book of business.

“The professionals joining S/L/A/M in this transaction are returning to a traditional design firm that values creativity, and is passionate about design,” said Richard T. Connell, FAIA, S/L/A/M’s chairman, in a prepared statement. Those professionals include Heery Design’s managing directors Russ Sedmak, Mike Holleman, and Douglas Kleppin, AIA, LEED AP.

S/L/A/M’s design portfolio includes healthcare, education, corporate and sports facilities. The firm provides integrated landscape architecture, structural engineering, interior design and construction services, with offices in Connecticut, New York, Atlanta, Boston, and Los Angeles.

A source knowledgeable about this deal, who spoke on background, said that a third party representing CBRE had approached a handful of firms, including S/L/A/M, at the beginning of 2018 about their interest in acquiring parts of Heery. This source said that CBRE was primarily interested in finding a buyer willing to acquire all five of the practices it wanted to shed.

This source adds that what CBRE is holding onto from its Heery purchase is a “much larger” piece than what it is selling to S/L/A/M.

Tags

Related Stories

Women in Design+Construction | May 28, 2024

Commerce Department launches Million Women in Construction Community Pledge

The U.S. Department of Commerce launched its Million Women in Construction Community Pledge this month to boost the ranks of women in construction companies. Federal investments are creating a construction boom that is increasing job opportunities for construction and trade workers.

Laboratories | May 24, 2024

The Department of Energy breaks ground on the Princeton Plasma Innovation Center

In Princeton, N.J., the U.S. Department of Energy’s Princeton Plasma Physics Laboratory (PPPL) has broken ground on the Princeton Plasma Innovation Center (PPIC), a state-of-the-art office and laboratory building. Designed and constructed by SmithGroup, the $109.7 million facility will provide space for research supporting PPPL’s expanded mission into microelectronics, quantum sensors and devices, and sustainability sciences. 

MFPRO+ News | May 24, 2024

Austin, Texas, outlaws windowless bedrooms

Austin, Texas will no longer allow developers to build windowless bedrooms. For at least two decades, the city had permitted developers to build thousands of windowless bedrooms.

Resiliency | May 24, 2024

As temperatures underground rise, so do risks to commercial buildings

Heat created by underground structures is increasing the risk of damage to buildings, recent studies have found. Basements, train tunnels, sewers, and other underground systems are making the ground around them warmer, which causes soil, sand, clay and silt to shift, settle, contract, and expand.

Sports and Recreational Facilities | May 23, 2024

The Cincinnati Open will undergo a campus-wide renovation ahead of the expanded 2025 tournament

One of the longest-running tennis tournaments in the country, the Cincinnati Open will add a 2,000-seat stadium, new courts and player center, and more greenspace to create a park-like atmosphere.

Mass Timber | May 22, 2024

3 mass timber architecture innovations

As mass timber construction evolves from the first decade of projects, we're finding an increasing variety of mass timber solutions. Here are three primary examples.

MFPRO+ News | May 21, 2024

Massachusetts governor launches advocacy group to push for more housing

Massachusetts’ Gov. Maura Healey and Lt. Gov. Kim Driscoll have taken the unusual step of setting up a nonprofit to advocate for pro-housing efforts at the local level. One Commonwealth Inc., will work to provide political and financial support for local housing initiatives, a key pillar of the governor’s agenda.

Building Tech | May 21, 2024

In a world first, load-bearing concrete walls built with a 3D printer

A Germany-based construction engineering company says it has constructed the world’s first load-bearing concrete walls built with a 3D printer. Züblin built a new warehouse from a single 3D print for Strabag Baumaschinentechnik International in Stuttgart, Germany using a Putzmeister 3D printer. 

MFPRO+ News | May 21, 2024

Baker Barrios Architects announces new leadership roles for multifamily, healthcare design

Baker Barrios Architects announced two new additions to its leadership: Chris Powers, RA, AIA, NCARB, EDAC, as Associate Principal and Director (Healthcare); and Mark Kluemper, AIA, NCARB, as Associate Principal and Technical Director (Multifamily).

MFPRO+ News | May 20, 2024

Florida condo market roiled by structural safety standards law

A Florida law enacted after the Surfside condo tower collapse is causing turmoil in the condominium market. The law, which requires buildings to meet certain structural safety standards, is forcing condo associations to assess hefty fees to make repairs on older properties. In some cases, the cost per unit runs into six figures.

boombox1
boombox2
native1

More In Category


Urban Planning

Bridging the gap: How early architect involvement can revolutionize a city’s capital improvement plans

Capital Improvement Plans (CIPs) typically span three to five years and outline future city projects and their costs. While they set the stage, the design and construction of these projects often extend beyond the CIP window, leading to a disconnect between the initial budget and evolving project scope. This can result in financial shortfalls, forcing cities to cut back on critical project features.



Libraries

Reasons to reinvent the Midcentury academic library

DLR Group's Interior Design Leader Gretchen Holy, Assoc. IIDA, shares the idea that a designer's responsibility to embrace a library’s history, respect its past, and create an environment that will serve student populations for the next 100 years.

halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021